HSBC Bank and Rebuilding Together Join Together to Perform Green Rebuild

Jun 25, 2010, 09:14 ET from Rebuilding Together of Washington, DC

WASHINGTON, June 25 /PRNewswire-USNewswire/ -- Rebuilding Together, the nation's leading nonprofit working to preserve affordable homeownership, is working with sponsor HSBC Bank, to deliver critical and energy-efficient renovations to a deserving family struggling to make ends meet.

Rebuilding Together Washington, DC, one of the 200 Rebuilding Together affiliates located across the country, will work with HSBC Bank (Mid-Atlantic Region) to not only rebuild a home, but also perform energy-efficient upgrades to ensure the longevity and efficiency of the home for its low-income homeowners.

Mr. and Mrs. H, ages 73 and 65 respectively, have lived in their Ward 7 home for over 16 years, and have been married for 47 years. Mr. H is a veteran; he served in the military during the 1950's and did a tour in Japan.  Their total annual income is just $14,000.  Mr. H is retired, but Mrs. H still works in order to pay for her husband's medical bills.  Mr. H suffers from heart disease, has had 2 bypass surgeries, is on a defibrillator, and experiences several other debilitating health issues. Mrs. H has heart problems and other health concerns as well.

"Rebuilding Together of Washington, DC, is truly appreciative of our partnership with HSBC Bank," said Laura J. Zabel, Associate Director of Rebuilding Together of Washington, DC. "We will be able to repair and replace the roof and gutters, weatherize and caulk all windows and doors, install much needed handrails, grab bars, and other handicap modifications. With the help of HSBC Bank and their volunteers, we will create a safer, warmer, and more energy efficient environment in which Mr. and Mrs. H may age in place."

Due to their extensive health problems and age, they have not been able to complete repairs necessary for them to stay in their home. Rebuilding Together and HSBC Bank will perform these renovations for them so they can remain in their home. Additionally, the energy-efficient upgrades will lower utility and general living costs, allowing Mr. and Mrs. H to spend more of their resources on their medical necessities.

Rebuilding Together's Green Housing Initiative focuses specifically on providing environmentally friendly rehabilitations, while simultaneously performing outreach to educate homeowners and communities on the value of energy-efficiency.

HSBC Bank is committed to serving communities in which they operate, and they work with charities that align with their mission to involve their employees in their communities and give back. In 2009, HSBC Bank spent US$100 million on community investment activities.

To learn more about Rebuilding Together DC, visit www.rebuildingtogetherdc.org .

ABOUT REBUILDING TOGETHER DC

Rebuilding Together of Washington, DC has been working in the District of Columbia for over 27 years to enable low-income homeowners who are elderly, disabled, and families with children to stay in their own homes safely and independently.  Every year we repair homes for Washington, DC homeowners who are living in truly horrific conditions with the help of over 2,000 volunteers, and since 1983 we have repaired over 2,700 homes, specializing in handicap accessibility modifications.  

Our mission is to strengthening neighborhoods by repairing, preserving, and enhancing the housing stock of neighborhoods most in need.  Neighborhoods most in need of revitalization have been specifically targeted.  We strive to revitalize these homes and neighborhoods by preserving low-income housing for current and future generations.  The homeowners we serve are among the neediest in the city.  At their income level, these folks must literally choose whether to buy food and medicine or pay utility bills – there is no money for home repairs or handicap modifications.  Their homes are unsafe.  

For more information, see www.rebuildingtogetherdc.org.

ABOUT HSBC Bank

HSBC Bank USA, National Association operates more than 475 bank branches throughout the United States. There are over 370 in New York state as well as branches in Connecticut, Washington, D.C., Florida, New Jersey, Pennsylvania, Maryland, Virginia, California, Delaware, Illinois, Oregon and Washington State. HSBC Bank USA, N.A. is the principal subsidiary of HSBC USA Inc., an indirect, wholly owned subsidiary of HSBC North America Holdings Inc., one of the ten largest banking holding companies in the United States. HSBC Bank USA, N.A. is a member of the FDIC.

HSBC Bank USA, N.A., with total assets of $171 billion as of 31 December 2009, offers its 3.8 million plus customers a full range of banking products and services to individuals, including high net worth individuals, small businesses, corporations, institutions and governments through its personal financial services, commercial banking, private banking and global banking and markets segments.

SOURCE Rebuilding Together of Washington, DC



RELATED LINKS

http://www.rebuildingtogetherdc.org